Electric vehicle manufacturer Cenntro fell short of production goals - Jacksonville Daily Record
CENN Stock | USD 1.21 0.04 3.20% |
About 61% of Cenntro Electric's investor base is looking to short. The analysis of overall sentiment of trading Cenntro Electric Group stock suggests that many investors are alarmed at this time. Cenntro Electric's investing sentiment overview a quick insight into current market opportunities from investing in Cenntro Electric Group. Many technical investors use Cenntro Electric stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Cenntro |
Electric vehicle manufacturer Cenntro fell short of production goals Jacksonville Daily Record
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Cenntro Electric Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Cenntro Electric can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Cenntro Electric Fundamental Analysis
We analyze Cenntro Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cenntro Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cenntro Electric based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Cenntro Electric is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Cenntro Electric Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cenntro Electric stock to make a market-neutral strategy. Peer analysis of Cenntro Electric could also be used in its relative valuation, which is a method of valuing Cenntro Electric by comparing valuation metrics with similar companies.
Peers
Cenntro Electric Related Equities
GP | GreenPower | 3.33 | ||||
AYRO | AYRO | 1.33 | ||||
GOEV | Canoo | 4.76 | ||||
FFIE | Faraday Future | 5.63 | ||||
HYZN | Hyzon Motors | 6.15 | ||||
WKHS | Workhorse | 6.96 | ||||
MULN | Mullen Automotive | 8.71 | ||||
VLCN | Volcon | 16.41 |
Check out Cenntro Electric Hype Analysis, Cenntro Electric Correlation and Cenntro Electric Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenntro Electric. If investors know Cenntro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenntro Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.32) | Revenue Per Share 1.2 | Quarterly Revenue Growth 1.903 | Return On Assets (0.15) | Return On Equity (0.35) |
The market value of Cenntro Electric is measured differently than its book value, which is the value of Cenntro that is recorded on the company's balance sheet. Investors also form their own opinion of Cenntro Electric's value that differs from its market value or its book value, called intrinsic value, which is Cenntro Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenntro Electric's market value can be influenced by many factors that don't directly affect Cenntro Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cenntro Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenntro Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenntro Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.